Financial Aid Advisor (Higher Education)
Company: SAE Institute
Location: Nashville
Posted on: January 27, 2023
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Job Description:
The Financial Aid Advisor works closely with students, and their
families, to ensure student is properly funded for their education.
Advises student about the different types of funding methods
available, and provides information regarding all the procedures
and requirements of a financial aid program. Makes an accurate
assessment of a student's financial aid need, and presents a
financial aid plan to meet those needs. Tracks and monitors all
financial aid package activity through completion. Accurate records
are maintained in a timely manner, in accordance with regulations,
statutes, and company policies.Financial Aid Advisor Duties and
Accountabilities:Builds rapport, and effectively communicates and
counsels with enrolled and prospective students (and their
families) about financial aid and other alternative methods of
funding.Determines student's title IV eligibility and awards
federal, state, institutional and private sources of financial aid
to students within appropriate guidelines and regulations.Utilizes
electronic data exchange software to send and retrieve information
from the Department of Education.Monitors financial aid advising to
insure program and audit compliance with regulatory
compliance.Maintains institutional regulatory compliance in all
federal and state student assistance programs.Submits reports to
federal and state agencies.Maintains files and databases; certifies
student loan applications; maintains and utilizes computer-assisted
financial aid management systems.Makes adjustments to over-under
awards by determining the amount of aid to be canceled or repaid
while ensuring accuracy in system data entry and processing, and
contacting students regarding possible alternatives.Interviews and
advises students in regard to educational financial
planning.Maintains confidentiality of information exposed to in the
course of businessFinancial Aid Advisor Key Relationships:I. Campus
Director and Financial Services - GroupII. SAE Institute local and
Group staffIII. SAE Institute StudentsFinancial Aid Advisor Key
Areas:4-8 objectives with associated activities and KPI's (which
can then align with the performance plan) that the incumbent is
accountable for.Financial Aid Advisor Qualifications:Bachelor's
Degree in Business Administration, or related field and two years
experience in higher education (Financial Aid preferred)
environment or an equivalent combination of education and
experience;Requires excellent computer skills. Working knowledge of
automated higher education management systems; proficiency with
Microsoft Office, Windows XP, Word, Excel for MACIn-depth knowledge
of financial aid and/or prior financial aid experienceExperience
with financial aid reporting systems, including but not limited to
NSLDS, Gemcore, and Campus VueAbility to evaluate and assess a
student's financial aid needAbility to interpret and apply federal
and state regulations and guidelinesExcellent communication and
problem-solving skillsExcellent customer service skillsAbility to
build rapport with students and their families; and other SAE staff
membersExcellent time management skillsAbility to multi-taskAbility
to maintain confidential informationCOMPETENCIESCommunicates
effectively with people at all levels.Works collaboratively with
people throughout the organization.Continuously look for ways to
simplify and improve work processes to achieve better
results.Applies skills to work on assignments of moderate to
complex scope. Exercises judgment within defined procedures and
practices to determine appropriate action.Develops plans for
accomplishing objectives. Works to improve own efficiency and
performance.Understands formal structure/hierarchy, positional
responsibilities, and standard operating proceduresFollows through
on commitments made to internal and external customersPresents
ideas and facts clearly and effectively in an oral or written
manner.Financial Aid Advisor Additional Information:Sitting for
long periods. Dexterity and coordination to handle files and single
pieces of paper, occasional lifting of items weighing up to
twenty-five (25) pounds such as files, stacks of paper, reference
and other materials. Moving from place to place within the
organization, minimal reaching for items above and below desk
level. Strength, dexterity, coordination and vision to use keyboard
and video display terminal for prolonged periods.
Keywords: SAE Institute, Nashville , Financial Aid Advisor (Higher Education), Accounting, Auditing , Nashville, Tennessee
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